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Renting and looking to buy

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Comments

  • Antman27
    Antman27 Posts: 40 Forumite
    Second Anniversary 10 Posts

    As said above the landlord doesn't have to agree (see posts above and links below - Shlter link for England).

    The end of your fixed term does not end your tenancy.
    At the end of your fixed term a contractual tenancy will start automatically (landlord/agent cannot stop this) either contractual or statutory.
    You do not have to sign a new fixed term.
    Landlord can choose to serve you notice (probably somewhat unlikely assuming you keep paying rent) but as you re lookign to buy not really a big issue.

     Just wondering when is the right time to speak to them - sooner rather than later I suppose?   
    I would suggest not. Fixed term doesn't end for a few months.Why warn them that you might not sign a new fixed term? You are just giving them time to serve you notice. 
    Thank you. This is really helpful. My contract defines "The Term" as a 12 month period ending 30/10/21, and "thereafter from Rental Period to Rental Period". Rental Period is defined as a month. So if I don't renew in October, then the contract switches to monthly rolling. Hopefully by then I'd have better visibility on my situation and can advise the agent accordingly.
    FTB
    08/08/21 - Offer made
    10/08/21 - Offer accepted
    11/08/21 - Halifax mortgage application made
    19/08/21 - Income/credit checks complete
    31/08/21 - Valuation completed by e-Surv (same as offer)
    31/08/21 - Halifax mortgage offer received
    03/09/21 - Level 2 survey report received
    07/09/21 - Searches received
    05/11/21 - Exchanged contracts
    10/11/21 - Completed
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